4LATER Guaranteed Income Benefit

Benefit is only available in conjunction with i4LIFE Advantage. Benefit guarantees minimum level of future income regardless of investment performance of underlying investment options. When i4LIFE Advantage regular income payments are elected, greater of Income Base accumulated under 4LATER or contract value will be used to calculate 4LATER Guaranteed Income Benefit. 4LATER Guaranteed Income Benefit is a minimum payout floor for i4LIFE Advantage regular income payments. Guaranteed Income Benefit will be determined by dividing greater of Income Base or contract value or Guaranteed Amount, if applicable on periodic income commencement date, by 1000 and multiplying result by rate per $1000 from Guaranteed Income Benefit Table in 4LATER Rider. If contract value is used to establish 4LATER Guaranteed Income Benefit, this rate provides a Guaranteed Income Benefit not less than 75% of initial i4LIFE Advantage regular income payment. If Income Base is used to establish Guaranteed Income Benefit, resulting Guaranteed Income Benefit will be more than 75% of initial i4LIFE Advantage regular income payment. If i4LIFE Advantage regular income payment has fallen below 4LATER Guaranteed Income Benefit, because of poor investment results, a payment equal to 4LATER Guaranteed Income Benefit is minimum payment Issuer will provide. If regular income payment is less than 4LATER Guaranteed Income Benefit, Issuer will reduce i4LIFE Advantage Account Value by regular income payment plus an additional amount equal to difference between regular income payment and 4LATER Guaranteed Income Benefit. Additional purchase payments may not be made to contract after periodic income commencement date. When 4LATER Guaranteed Income Benefit is elected, 4% AIR must also be chosen to calculate i4LIFE Advantage regular income payments.